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French company Welinq has raised US$5 million to accelerate the development of its quantum memory technology, described as a key enabling technology for a future quantum internet. Welinq received support from Runa Capital, the Paris Region, the French National Quantum Initiative, the French Banque Publique d'Investissement, and the European Commission.
Quantum memory aims to deploy hardware-agnostic and full-stack quantum links solutions to interconnect multiple quantum processing units (QPU). Quantum memory is based on cold atoms to deploy quantum links regardless of the distance.
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